Historical Newspapers of South Carolina

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Thursday, November 12, 1931 YM.OhirflCK MESSENGER, McCORMICK, SOUTH CAROLINA •• ■ </• . •* PACE NUMBER SEVEW When BABIES are Upset B ABY ills and ailments seem twice as serious at night. A sudden cry may mean colic. Or a sudden attack oi diarrhea. How would you meet this emergency—tonight? Have you a bottle of Castona ready? \ For the protection of your wee one— for your own peace of mind—keep this old, reliable preparation always on band. But don’t keep it just for emergencies; let it be an everyday aid. It’s gentle influence will ease and soothe the infant who cannot sleep. It’s mild regulation will help an older child whose tongue is coated because of sluggish bowels. All druggists have Castoria. • CASTORIA TREASURER’S NOTICE The County Treasurer’s Office will be open for the purpose of re ceiving taxes from the 1st day of October, 1931, to the 15th day of March, 1932. All taxes shall be .due and pay able between the 1st day of Octo ber, 1931- and December 31, 1931. That when taxes charged shall not be paid by December 31, 1931. the County Auditor shall proceed to add a penalty of one per cent for January, and if taxes are not paid on op before February 1, 1932, the County Auditor will proceed to add Two Per Cent and Five Per Cent from the 1st of March to the 15th of March, after which time unpaid taxes will be collected by the Tax Collector. The tax levies for the year 1931 are as follows: For State Purposes 5 mills For County Purposes 14 mills For Bonds 10 mills Constitutional School Tax 3 mills 6-0-1 Law _i 4 mills Mt. Carmel School District No. 1 2 mills Willington S. D. No. 2 5 mills Bordeaux S. D. No. 3 ____ 2 mills McCormick S. D. No. 4 and Bonds 24 mills Buffalo SD. No. 5 10 mills BeUvue S. D. No. 6 10 mills S. D. No. 7 00 mills Bethia S. D. No. 8 8 mills Bold Branch S. D. No. 9—10 mills Young’s S. D. No. 10 2 mills Wideman’s S. D. No. ll — 2 mills Milway S. D. No. 13 8 mills Robinson S. D. No. 14 10 mills Dornville S. D. No. 15 8 mills Liberty Hill S. D. No. 16 __ 8 mills Lyon’s S. D. No. 17 8 mills Hibler S. D. No. 18 — 8 mills Vernon S. D. No. 21 4 mills Plum Branch S. D. No. 24 and Bonds 24 mills Consolidated S. D. No. 1, Parksville, Modoc and Clarks Hill, and Bonds —17 mills All male citizens between the ages of 21 and 60 years, except those exempt by law, are liable to a noil tax of $1.00,each. The law prescribes that all male citizens between the ages of 21 and 55 years must pay $2.00 commuta tion tax or work six days on the public roads. Commutation tax is included in property tax receipt. T. J. PRICE, Treasurer, McCormick County. NOTICE OF FINAL SETTLE MENT AND DISCHARGE .On the 20th day of November, 1931. I will make a final settlement in the office of the Judge of Pro bate at McCormick as administra tor of the estate of Samuel Minor, deceased, and ask for a discharge. All persons holding claims should present them before that date, properly attested. SAMUEL M T NOF. JR , Administrator. October 20, 1931.—4t. NOTICE OF FINAL SETTLE MENT AND DISCHARGE STATE OF SOUTH CAROLINA, Countv of McCormick. In the Court of Probate. Notice is hereby given that Edgar R. Price, administrator of the Es tate of James W. Price, has this day made anplication unto me for a final accounting and discharge as administrator of the Estate of James W. Price, and that on Sat urday, the 21st day of November, 1931, at eleven o’clock, has been fixed for the hearing of the said petition. All persons holding claims against said Estate are hereby noti fied* to present same, properly at tested, on or by the above date. L. G. BELL, Judge of Probate for McCormick County. October 28th, 1931.—4t. Dairy cows should get plenty of CLime while they are dry. Good tpastpr.e in summer and well-cured legume hay in winter supply lime. INDUSTRY SEES HOPEFUL SIGNS, BANKERS TOLD Leading Automobile Unit Ex pects to Employ More Men This Winter Than Last MOTOR SUPPLY IN HANDS OF PUBLIC FALLING OFF Twelve Million Years Less Transporta tion in Nation’s Car Inventory Than Considered Normal, Manufac turer Tells Financiers E STIMATING that transportation in the form of automobiles now in the hands of the American public is twelve million “car-years” below normal, and that this deficit will eventually have to be made up, Richard H. Grant, vice president of the General Motors Cor poration, recently told the American Bankers Association convention that employment in his company may be greater this winter than last year. "Employment during the winter months is a very important thing,” Mr. Grant said. “So far as our corpo ration is concerned, in November, De cember, January and February we will be employing at least as many and probably more men than we did this past year.” In order to gauge the outlcok for next year’s market his corporation, he said, attempts to set up sales in dices based on intensive scientific studies in addition to observation and common sense. “We are in the habit of looking upon an automobile not merely as an automobile but as transporation,” he said. “We , figure each automobile produced as six years, of transporta tion. Then by following up records of production yearly, we get a graph which indicates what ought to be a normal inventory / of transportation in the hands of the American people, and whether there are more or less miles than might be expected. According to our figures, there are about twelve million years less transportatiorf in this inventory at the present time than has been considered normal since 1925. The Outlook for Business “Consequently, if we, retain the same purchasing power in this country; it is quite evident that on the first up turn of business there will be a rush to replace that inventory. In develop ing this graph, it has come out very strongly that every third year' is a big automobile year. The biggest automobile year was 1929 when 4',100,- 000 cars were produced for American consumption. This year the industry will produce somewhere between 1,- 800,000 and 1,900,000 cars. As 1932 is three years after 1929, if economic con ditions were normal We could be sure we would do a tremendous business, because the third year is the time when the bulk of the replacing takes place.” He added that there are factors at work that make it uncertain how big the year will be, instancing that “money is being boarded from lack of confidence and this takes away some purchasing power that we would otherwise have, while family budgets are being cut on account of changes in income conditions, which again means that purchasing power for the automobile, like a good many other things, will be knocked down.” As a result, he said, it was necessary to measure what statistically would be a big year against a practical con sideration of the curtailment of ex penditures which is going on and de termine how big the year will be under these circumstances. “From a long haul standpoint, re gardless of how many automobiles are sold in 1932, we rre storing up a big business for the future,” Mr. Grant said. “There will be fewer automobiles sold in 1931 than will go to the scrap heap. With 12,000,000 car-years out of the inventory, nine percent more gasoline was used up to August 1, 1931, than was used in 1930. With fewer automobiles, the people must have been running them faster and longer to consume the additional gaso line. This means that we have some 22,000,000 people working hard to make a fine business for our industry when there is ap economic recovery. • No False Optimism "I am not attempting to create any false optimism—I am not speaking without a statistical background. Us ing the best sense we can, we have drawn conclusions from the figures we have, and 1 am willing to make the statement that as far as the conduct of our business for the first half of 1932 is concerned, we shall set the indices somewhat higher than the ac tualities of 1931. We are willing to set our advertising budgets and our selling expense on that kind of indices. With economic conditions as they are, and since the obsolescence is so great and we have sunk so low in this year’s sales, we figure that the first half of 1932 must necessarily be better than was the first half of 1931.” Bankers Help Seven banka of Kennebec County, Maine, cooperated with the county grange, farm bureau, and local cream ery, in financing the publication of a booklet, entitled, “The Agricultural Situation in Kennebec County.” K presents in a concise manner the farm .resources and practices of the coun with suggestions for improvement BANKERS DEVELOP NEW FINANCE AID President of American Bankers Association Describes Plan and Services of National Credit Corporation NEW YORK.—The National Credit Corporation, a billion dollar coopera tive institution, is the method worked out by bankers to put into practical effect the central point in President Hoover’s plan for renewing the com mercial and industrial activity of the nation as proposed in his statement to the nation of October 7, Harry J. Haas, president of the American Bank ers Association stated in a recent inter view. The corporation is strictly coopera tive in character, he said, to unite the entire banking system and increase the effectiveness of the financial ser vices of banks to their communities in rural districts as well as the cities. The plan will marshal the banking re sources of the country, he explained, by creating a national institution whose funds will bb loaned when nec essary to banks which have assets in their portfolios that are 'thoroughly sound but are not eligible for loans at federal reserve banks. « To Benefit Everybody “There is no citizen in the United States but will benefit in very practical ways from the results of the operation of this forward-looking plan of cooper ation, which may be regarded as one of the most constructive steps that have been taken toward revival of sound business activity,” Mr. Haas declared, adding: "The National Credit Corporation represents an instrumentality that should have far-reaching effect in re storing the confidence of the public. The plan not only has been formulated by the country’s leading banking au thorities, but also will be carried out locally as well as nationally by bank ing representatives who have given their time and thought to this under taking as a real public service. “The American Bankers Association convention was in session at the time the plan .was proposed and unanimous ly endorsed it in principle. I have ex amined the detailed formulation of the working plans as developed by the incessant labors of some of the Na lion’s leading bankers who have under taken to put it into practical operation in single-minded devotion to the na tional welfare, and I am able to say without reservation that the National Credit Corporation as set up by them constitutes a practical, sound and effi cient means for carrying out President Hoover’s proposal.” HARD LIMES RENEW BANKER’S OPTIMISM Former Bankers’ Chief Finds Much in Past Year to Inspire Confidence in Financial Reliability % R OME C. STEPHENSON, retiring president of the American Bank ers Association, declared in an address on the expiration of his term of office that, in travelling about among the banks from one end of the country to the other during the past year, he had “come out of it with a renewed faith in the strength of our banking struc ture and our banking situation, and a renewed faith particularly in the spirit and courage of the men in the banks that have enabled them to rise uncon quered over difficulties such as men never had to face before, or to accept with fortitude misfortunes that were beyond human power to prevent.” When he reflected, he said, that the “entire human economic structure has been brought to the verge of ruin un der the difficulties that have Swept over not only the nation but the entire world, and that the results of events of this kind react with particular di rectness upon the stability of our banks, and yet how few have suc cumbed, we may well renew our confi dence in the banks of America; when we thirfk also of how many of our bankers have stood up under the stress and storms of these times and how relatively few of them have been proved wanting in the series of crises that have assailed them, we may well feel a sincere pride in our fellow bank ers.” He added: “So I come out of this year of som ber experiences not as a pessimist, but as an optimist—as one with a renewed faith and confidence in the spirit of his fellow men under overwhelming difficulties. And particularly do I come out of,' this year as a banker who is proud of his fellow bankers for the un daunted way in which they have met their part of the great test through which the times have put the nation. I believe that this year has brought new honor to our banking traditions and our banking profession and has won for the banker new title to the faith and trust of all classes of his fellow citizens.” Wise Spending Careful and wise spending will help solve our economic problems and will be of untold benefit to the farmer. Our troubles are not caused by tho spend- iug of money, but because it was spent wisely. _ i S. C. WEEKLY INDUSTRIAL REVIEW The following record of industrial activity lists items showing invest ment of capital, employment of la bor and business activities and op portunities. Information from which the paragraphs are prepared is from local papers, Usually of towns mentioned, and may be con sidered generally correct. Dillon — Post office moved to / new quarters. Lyman — Pacific Mills print works of Lawrence, Mass., will move their plant to this city. Estill — Cream buying station to be established here. Abbeville — Survey to be made of Route No. 18 between this city and Anderson County line. Orangeburg — Orangeburg Fair held recently. Allendale — Cream buying sta tion established here by M. P. Hazel. St. George — Local streets im proved. Walterboro — Construction be ing rushed to completion on new fair building. Inman — Greenberg’s Depart ment Store of Gaffney purchased Cohen’s Store. % Paving under way on Spartan- burg-Tryon Highway. Walhalla — Patterson Depart ment Store opened. Lexington.— Lexington County First Annual Free Fair held short time ago. Chesterfield — Paving progress ing on State Highway No. 9 from Cheraw to intersection of TIigliway No. 265 four miles west of town. Walhalla — Construction under way on Lutheran Church Sunday- School rooms. Anderson — Anderson Fair Taeld -'ere recently. / After All These Years, If hat Have Ife. Learned? By Albert T. Reid \ ■ f The Maid Marians outnumber the Robin Hoods at the famous Pittsburgh institute, judging by the resuits of the camera. The archers shown above are, left to right, Mary Warner, Rosemary Saxton, Alice Warner, Eliza beth Lowrey, Sylvia Waide and Margaret Sample. \ BET You Pont EVEN know who any of our DIPLOMATS AUI» statesmen are, OR wWAI THEV look LIKE